Fitch

Fitch Ratings sees Adani Ports’ acquisition of NQXT as positive step for global diversification

by
Fitch Ratings sees Adani Ports' acquisition of NQXT as positive step for global diversification

Follow Us on Google News New Delhi, April 25 (IANS) Fitch Ratings has characterised Adani Ports and Special Economic Zone Limited’s (APSEZ) acquisition of the North Queensland Export Terminal in Australia as credit neutral, while highlighting its positive strategic implications. The global ratings agency believes the acquisition will support APSEZ’s efforts toward international diversification, a … Read more

NPAs of Indian banks likely to decline by another 0.4 per cent by March: Fitch

by

New Delhi, Jan 24 (IANS) The gross non-performing assets (NPAs) ratio of Indian banks may decline by another 0.4 per cent to 2.4 per cent by March 2025 followed by a further 0.2 per cent dip in the next financial year, according to rating agency Fitch. Although the stress in retail loans is rising, particularly … Read more

Exit mobile version